Editor's Insight: Kraft Heinz backs off Unilever in clash of cultures
The $US143 billion takeover bid for Unilever lasted less than 48 hours.
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Hawke’s Bay
The latest mega-merger proposal in the food industry has been called off less than 48 hours after it was made.
In a brief statement, Kraft Heinz says it “has amicably agreed to withdraw its proposal” to buy Unilever for $US143 billion.
The takeover pitted a cost-cutting giant against a
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Editor's Insight: Kraft Heinz backs off Unilever in clash of cultures
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